IBBI clarification regarding Sharing of the Report prepared by the Resolution Professional to both debtor and creditor
Therefore, it is advised that the RP shall provide a copy of the report to both debtor and creditor in all cases. This will ensure that the debtor and the creditor are well-informed about the evaluation and recommendations made by the RP, thereby promoting transparency and informed decision-making.
The Jammu And Kashmir Local Bodies Laws (Amendment) Bill,2024
This Act may be called the Jammu and Kashmir Local Bodies Laws (Amendment) Act, 2024. It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Throughout the Act, for the words “District Planning and Development Board” and “District Panchayat Officer” wherever they occur, the words “the District Development Council” and “Assistant Commissioner of Panchayat” shall respectively be substituted.’
IBBI clarification regarding Reporting / Sharing of information in the Voluntary Liquidation process
It is directed that the liquidator shall submit a copy of Form H and the final report filed before the Adjudicating Authority as per Regulation 38, and the order for dissolution to the Board to the email ID: liqvol@ibbi.gov.in.
IBBI clarification regarding deposit and withdrawal of unclaimed dividends and / or undistributed proceeds
It is clarified that to facilitate the request received from a stakeholder, under regulation 39(7), who claims to be entitled to any amount deposited into the Corporate Voluntary Liquidation Account for withdrawal before the dissolution of the corporate person, the liquidator shall apply to the Board for the release of the amount for onward distribution to the stakeholders.
Enhancing Board Performance: The Simplified Guide to Digital Board Evaluations with Evaluate
Board evaluations are pivotal in ensuring effective governance and strategic oversight within organizations. They help identify strengths, pinpoint areas for improvement, and foster a culture of continuous development. With the advent of digital solutions like Evaluate by Legality Simplified, the process has become more streamlined, insightful, and adaptable to the dynamic needs of modern governance. […]
Gujarat CM Lists 200 Crore Municipal Green Bond Of AMC On The Bombay Stock Exchange
Chief Minister of Gujarat listed the 200 crore municipal green bond of Ahmedabad Municipal Corporation on the Bombay Stock Exchange (BSE) after performing the Bell Ringing Ceremony in Ahmedabad, alongside Mayor, Deputy Mayor, and other senior officials. Ahmedabad Municipal Corporation has opted for the 200 crore municipal green bond initiative to accelerate and achieve the target of Net Zero for Sustainable and Environmentally Friendly Development set by Prime Minister, thereby becoming the first Municipal Corporation in the state to list such a green bond.
Government of Telangana decided to bring in a New Sand policy
Chief Minister of Telangana decided to bring in a New Sand policy for its sale in the state. The Chief Minister suggested to the officials the new policy should be formulated in accordance with the needs of the people along with generating revenue to the government. The officials have been asked to study the Sand policies adopted by Andhra Pradesh, Tamil Nadu, Karnataka and other states in the country.
Entrepreneurship Development and Innovation Institute Program on “Bakery Products Training”
Entrepreneurship Development and Innovation Institute (EDII), Chennai is organizing an training program on 3 days “Bakery Products Training” from 14.02.2024 to 16.02.2024 (Time: 9.30 am to 6.00 pm) at EDII, Chennai.
Karnataka Air (Prevention and Control of Pollution) (Amendment) Rules, 2024
These rules may be called the Karnataka Air (Prevention and Control of Pollution) (Amendment) Rules, 2024. They shall come into force from the date of publication in the official Gazette. Amendment of rule 20.- In the Karnataka Air (Prevention and Control of Pollution) Rules, 1983, in rule 20, in sub-rule (1),- (i) for the Table I(a) and entries thereunder, the following shall be substituted, namely:- Table I(a) Consent fee for consent to establish or consent to expansion or consent to operate for Industries or Organization other than activities specified in Table I(b) and Table I(c).
NMC issued Notice for Extension of Deadline on Seeking Comments on National Exit Test Regulations, 2023
National Medical Commission (NMC) Policy and Coordination Division issued a public notice, regarding the extension of the duration for seeking comments from stakeholders on the NMC National Exit Test Regulations, 2023 till 17th February, 2024 for providing their feedback.
